Watch out - Military Credit Theft
While those of us who serve in Americas military forces may be used to some extra risks in life; it is the unexpected ones that can catch us off guard. One such risk is the increased risk for credit identity theft.
Douglas Aaron, a credit repair lawyer states that, Military are often focused on by criminals for credit identity theft because they are usually out of the country for long periods of time. Thieves who go to the trouble of stealing other individuals information don't like to be quickly shut down. People who go on a tour-of-duty for a year or more allow such an opportunity.
Once a thief has obtained your information, including your social security number, full name and birthday, they will open up several lines of credit, take out personal loans and buy cellular service.
More sophisticated identity theft will add some form of picture ID for larger bank loans, car loans or camper loans.
Coming home to a ton of bills or attempting to make purchase with credit only to discover it has been ruined by criminals is something no one should have to experience. To add difficulty, repairing the problem often requires months to a year or more to fix the issues created by this type of crime.
Cory Baker, a North Carolina resident said: "I served my country for two years, overseas. This was not the type of homecoming I was expecting. Proving in court that you didn't make $7,000 in telephone bills to Greece is time consuming and very frustrating."
Most of these kind of problems could have been prevented or stopped quicker with a little more attention to ones finances, especially monitoring ones credit history.
Knowing what is on our report, fixing and contesting errors, actively trying to increase your credit score is something we can all take the time to do, says Douglas Aaron. If you are not sure of your score, how will you know if it is in trouble?
At the very least, order your scores today. Today's economic problems demand our attention; they demand we are prepared for emergencies. - 15790
While those of us who serve in Americas military forces may be used to some extra risks in life; it is the unexpected ones that can catch us off guard. One such risk is the increased risk for credit identity theft.
Douglas Aaron, a credit repair lawyer states that, Military are often focused on by criminals for credit identity theft because they are usually out of the country for long periods of time. Thieves who go to the trouble of stealing other individuals information don't like to be quickly shut down. People who go on a tour-of-duty for a year or more allow such an opportunity.
Once a thief has obtained your information, including your social security number, full name and birthday, they will open up several lines of credit, take out personal loans and buy cellular service.
More sophisticated identity theft will add some form of picture ID for larger bank loans, car loans or camper loans.
Coming home to a ton of bills or attempting to make purchase with credit only to discover it has been ruined by criminals is something no one should have to experience. To add difficulty, repairing the problem often requires months to a year or more to fix the issues created by this type of crime.
Cory Baker, a North Carolina resident said: "I served my country for two years, overseas. This was not the type of homecoming I was expecting. Proving in court that you didn't make $7,000 in telephone bills to Greece is time consuming and very frustrating."
Most of these kind of problems could have been prevented or stopped quicker with a little more attention to ones finances, especially monitoring ones credit history.
Knowing what is on our report, fixing and contesting errors, actively trying to increase your credit score is something we can all take the time to do, says Douglas Aaron. If you are not sure of your score, how will you know if it is in trouble?
At the very least, order your scores today. Today's economic problems demand our attention; they demand we are prepared for emergencies. - 15790
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